Traders work at the stock exchange in Frankfurt, central Germany. AFP PHOTO / DPA / FRANK RUMPENHORST
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European shares fell Friday after the U.S. Federal Reserve kept interest rates unchanged, fueling concerns over the global economy and leaving investors guessing about when policy tightening will start. The Fed kept rates at near zero in a bow to worries about the global economy, financial market volatility and sluggish inflation at home, but left open the possibility of a modest policy tightening later this year.The pan-European FTSEuurofirst 300 index was down 2.2 percent and the eurozone's blue chip Euro STOXX index fell 3.3 percent, set for its worst drop since Aug. 24 . The STOXX Europe 600 Banks index underperformed to fall 2.9 percent, while the European automobile sector declined 3.4 percent.
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